Hi Freehold I have 2 for this week.Both are FA and due to profit upgrades.You don't see many companies upgrading profits in the current climate so I see these as opportunties to accummulate before year end results.So the short term time frame is results mid to end August.
EBT EBet recently announced a profit upgrade for YE 30/6/12 of $2.3 million NPBT.The previous year excluding impairments and the business acquisition cost of Odyssey Gaming $1.13 million was achieved.So the company has doubled profit in the last year.As a comparison competitors AGI and ALL trade on triple EBT PE ratio.Also the Chairman continues to buy on market and his average overall entry price is much higher.I see this stock being re rated as stocks like JIN and AGI have in the recent past.Market cap $11 mln.I hold.
ZGL also has upgraded its profit forecast and also stated profits will be up 40% again in 2013.Directors have been buying shares over an extended time.Market cap $47 mln.I hold.
